Activist investor Starboard Value has a more than 9% stake in Rogers Corp. and plans to seek another round of changes at the ...

Activist investor Starboard Value said on Wednesday it has built a 9.3% stake in Rogers Corp as it seeks to push for changes at the advanced materials maker.

Rogers rises following a Wall Street Journal report that activist investor Starboard Value has built a greater than 9% stake and plans to seek another round of changes at the company.

What Happened? Shares of engineered materials manufacturer Rogers (NYSE:ROG) jumped 5.3% in the afternoon session after activist investor Starboard Value disclosed it acquired a stake of more than 9% ...